Question

    Primary Deficit

    is
    A Fiscal Deficit minus Non-Debt Revenue Receipts Correct Answer Incorrect Answer
    B Fiscal Deficit minus Non Debt Capital Receipts Correct Answer Incorrect Answer
    C Fiscal Deficit minus Interest Payments Correct Answer Incorrect Answer
    D Revenue Deficit minus Non-Debt Capital Receipts Correct Answer Incorrect Answer

    Solution

    Primary deficit refers to the difference between the current year's fiscal deficit and interest payment on previous borrowings. It indicates the borrowing requirements of the government, excluding interest

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